The Capital
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The Capital

5 Objections To: “Joe Biden’s tax hikes are going to crash the economy and stock market!!!!”

First of all, Joe Biden raising taxes doesn’t mean he will raise taxes while we’re in a pandemic/recession. There’s a distinction between Joe Biden hiking taxes right when he takes office and hiking years later. Saying there is no difference between tax hikes in a recession vs. not in a recession is just not credible. Conceptually speaking, it’s not hard to understand why.

Secondly, Joe Biden is proposing that the tax hikes go to 28% which is not even where they were before…

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Jonathan Garner

Jonathan Garner

Finance/Investing/Economics blogger. I’m also a Philosophy of Religion blogger:https://jonathandavidgarner.wordpress.com/